Financial Reporting

The Finance Controller is recognized as legitimate to collecte and returne dashborads data, either financial or qualitative 

The determinant role of the Finance Controller

The Finance Controller must provide synthetic analysis, ensuring data reliability and on-time output dashboards.

He is also confronted wwith request for changes (new indicators, for example) and should propose presentations.

The role of the controller is crucial because the dashboards are available to the management and be used as a tool for decision support. And beyond that, a way to federate processes around indicators monitored by the management.
 

Contribution of the Reportive solution

With the Reportive solution, you can:

Consolidate heterogeneous data so as to meet the company's reporting needs - creating dashboards in different formats (xls, doc, ppt, pdf…) without any specific development (macros, code…):

• Earning results
• Working capital needs indicators (clients, suppliers, stock…)
• Activity and performance management dashboards; Balanced ScoreCard
• Social reports
• Traceability and transparency of reliable data.

Create and share a set of business rules (processes, calculations) using composite objects, so as to guarantee the consistency of processes across the company.

Improve the processing of specific, ad hoc requests and retrieve information quickly, so as to guarantee accurate management - thanks to the tool's great flexibility.

Automate dashboards in the long term.

Budgets reviewing

If you base your budget on your business plan, you will be creating a financial action plan. This can serve several useful functions, particularly if you review your budgets regularly as part of your annual planning cycle.

With Reportive, Finance Controllers can create and track indicators and can easily analyze data (budget, actual results) using Excel pivot tables.
 

Planning and budgeting

Reportive makes it possible to extract and consolidate information as well as integrate manual inputs, and to automate data delivery - for integrated operations management. Integrating new budget information does not mean creating new axes or new tables - the existing data structure is retained.
 

Development of new KPIs and dashboards

Responsiveness and Productivity: The automation of reporting and the flexibility of the solution to change the existing reporting allow the Finance Controlling Department to provide timely reportings necessary to operational branches.
Reliability and standardization: The automated process of data extraction and data cross from disparate sources avoides file manipulation, source of errors. Data quality is validated at each stage of the process. The reporting for the various operational divisions come from the same process.

The Finance Controlling Department moves from being a data production service to being a data analysis service. Time saved in its daily work (performing calculations, formatting documents and tables) allows the department to focus on value-added tasks.